Rapid Fire
Ban on Sugarcane Juice for Ethanol
- 09 Dec 2023
- 1 min read
The Centre's recent ban on using sugarcane juice and sugar syrup for ethanol production in the 2023-24 supply year aims to maintain adequate sugar availability for domestic consumption and stabilize prices. However, the government has permitted the use of B-molasses for ethanol production.
- The Indian Sugar Mills Association (ISMA) forecasts a 9% reduction in gross sugar production for the 2023-24 marketing year, further complicating the situation.
- India has emerged as the world's largest producer and consumer of sugar as well as the world's 2nd largest exporter of sugar after Brazil, in Sugar Season (Oct-Sep) 2021-22.
Read more: Sugar Industry
